Gyakuten Saiban 4 (aka Phoenix Wright 4) takes place seven years after Gyakuten Saiben 3, but does not feature the characters from Phoenix Wright: Ace Attorney as the leads. Instead of assuming the shoes, shirt, jacket, and law degree of Phoenix Wright, you'll be Odoroki Hosuke. Maya will not be following you around either, but rather Minuki-chan, a "magician of mystery."

The game is only 25% through development, though, and don't expect news on if, or when, we'll be seeing this game in the states anytime soon.

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Also, I think the upcoming DS sequel Phoenix Wright: Ace Attorney -- Justice For All is a remake of the 2nd GBA game (just as the first DS game was a remake of the 1st GBA game with a new case added). There's at least one fan translation project out there working on the 3rd GBA game.

Well when a trailer for PW2 was shown there was a small image released of the new character of Gyakuten Saiben 4 with the words "A new attourney has passed the bar! A new Ace Attourney game!" So odds seem very likely that GS4 will be released here as Ace Attourney "Insert English Name of new character". I'm suprised they haven't tried to change the name of the franchise around to Ace Attourney Phoenix Wright.

Yes Gyakutan Saiban translates roughly into Comeback Courtroom or Courtroom Comeback or Turnabout Trials or Trial Turnabout...it's really up to interpretation with how to translate the name into English. Though I am guess the reason why it was called Phoenix Wright is my little explanation. He rises up from the ashes after seemingly defeat to win court cases for right=Phoenix Wright.